Von Neumann’s poker machine
Tim Harford has a fascinating article on poker and the increasing use and ramifications of game theory.
One ironic possibility looms large: eventually, online poker will be dominated by the only poker players able to master John von Neumann's game theory, the computers. Meanwhile, the humans will retreat back to the flesh-and-blood world of the casinos, where a nervous tic can tell more than a thousand calculations…Rather than conquering traditional poker, the biggest legacy of the poker mathematicians may be to make the game more exciting for the rest of us than ever before.
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[…] If you don’t think you can bite off a whole novel worth of economics you could start with some smaller and almost as interesting articles around the web that have an economics bent. Phu over at (the wonderfully rebooted) If…Else has obviously had a bit of an economics binge this weekend himself because he has pointed out two such interesting articles. Yes, the title was serious. I actually do think economics is fun. [back]This question has a seriously interesting answer, the book is worth reading for this question alone. [back]Wondering why there are so many parents giving their children really, REALLY stupid names in recent times? This section will give you an answer. [back]By the way, I’m not the only one who thinks it’s a great book. It is, after all, a New York Times Best Seller. [back] […]
My poker app will not do what I want here but at one time I had a bookmarked website that would.
Input both hole cards for 2 or more players then run a simulation. Anyone know a website for this? Thanks.